Alabama has made some significant inroads when it comes to credit card debt. In a 2019 report, the state was ranked near the bottom. But according to a 2022 analysis, Alabama had a median of $2,013 in credit card debt, the third-lowest total of any state, behind South Dakota and Mississippi. The average payoff time […]
Florida is home to around 21.78 million people. Many parts of the state are known to be relatively inexpensive places to live and great for retirement. But the cost of living continues to rise and many Florida residents struggle with debt and regular expenses. According to a recent study, around 13.1% of Florida residents live […]
With 39,237,836 people — or roughly 12% of the country’s population — California is the most populous state in the United States. California is also one of the most expensive places to live, which is why many Californians struggle financially and need debt relief or financial assistance. The current poverty rate is 12.3%, nearly an […]
At the last census, the population of Iowa was 3,200,517. On average, Iowa residents earn a personal income of $51,140 and owe $43,120 in consumer debt (excluding mortgages). The state is ranked 20th in terms of overall poverty rate with 11.2% of the population living under the federal poverty guidelines. Whether you live in Iowa […]
As of July 2022, an estimated 11,756,058 people called Ohio their home. The average Kentucky resident makes $53,170 a year (mean wage) and owes about $41,740 in consumer debt (not including mortgages). Just over 13% of Ohio residents live in poverty — this makes Ohio the 36th highest in terms of its poverty rate. If […]
Home to 3,380,800 people, Utah is known for its diverse, beautiful geography, unique culinary scene, Sundance Film Festival and thriving Mormon community. For residents, the average personal income is $53,400, while the average individual consumer debt is $71,900. The overall poverty rate is 8.9% — the second lowest in the country. While Utah is a […]
Arizona is ranked 15 when it comes to the poverty rate. The state’s current poverty rate is 12.8%, which is slightly higher than the national poverty rate of 11.6%. The median household income, meanwhile, was $61,529 at the last census. This is nearly $10,000 below the national household income. Learn more about your options if […]
An estimated 7,174,604 people live in Massachusetts, making it the 15th most populous state in the country. The average annual mean wage is $72,940, but many residents face major financial problems. Approximately 9.4% of Massachusetts residents live in poverty (the eighth highest in the country). Along with this, the average debt per capita is a […]
A charge-off is poison for your credit score. It’s a serious negative item on your credit report and will harm your chances of getting competitive rates on loans or being approved for a credit card. It’s not easy to remove a charge-off from your credit report unless it’s a mistake. However, it isn’t impossible. Here’s […]
Note: Updated in February 2024 to add information on the introduction of Idaho Senate Bill 1285. Laws vary from state to state. In some states, vaping is prohibited. In New Hampshire, it’s illegal to collect seaweed at night. And in Alaska, it’s unlawful for a person to get drunk at a bar and remain on […]